RDDT like many other well met IPO's will eventually fall below its lowest price for a much needed liquidity hunt to shake out weak hands. The bears are attacking this stock and many others right now. Here we have a classic bearish double top forming. We make spike a new high just above 80 or stop just below current highs, but the bear are marching in and this stock will get rejected hard.
First stop will be 40.53$ when this breaks you will want to start accumulating stock around the 17.32$ level.
As with all great accumulations it will be an assumed 5 years hold once we get to target.
Expect poor earnings reports and forecasts to be a major catalyst.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
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All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。